Joshua Kennon is a Managing Director of Kennon-Green & Co., a private asset management firm specializing in global value investing for affluent and high net worth individuals, families, and institutions. Nothing in this article or on this site, which is Mr. Kennon's personal blog, is intended to be, nor should it be construed as, investment advice, a recommendation, or an offer to buy or sell a security or securities. Investing can result in losses, sometimes significant losses. Prior to taking any action involving your finances or portfolio, you should consult with your own qualified professional advisor(s), such as an investment advisor, tax specialist, and/or attorney, who can help you consider your unique needs, circumstances, risk tolerance, and other relevant factors.

Two Loaves of Rosemary Garlic Lavender from Recipe with Olive Oil

Rosemary, Garlic, and Lavender No-Knead Bread Recipe

After working through several types of bread recipes,  I am going to share with you one of the more popular, easier dinner breads we’ve made.  It comes from an adaptation of a famous no-knead recipe published in The New York Times.  In our tests, it performed very well and requires almost no effort, a handful of ingredients, and can serve as a very easy introduction if you’ve never baked a loaf of bread in your life.  It should not be intimidating for you, even if you haven’t turned on an oven in years.

Why Are People Surprised That Savings Bonds Beat Stocks Over the Past 12+ Years?

I’ve noticed an array of articles exclaiming that savings bonds, including both the Series EE savings bonds and the Series I savings bonds, beat stocks over the past ten or fifteen years.  Nearly every time I make my way into one of these essays or news stories, I just shake my head because the surprise displayed by the men and women penning these pieces indicate a complete lack of competence.  Those of you who have any experience managing money or with history immediately know my objective: No asset class, per se, is sacrosanct.  What matters is the price you pay for the asset relative to how much underlying cash it generates.